HEADLINES

Monday, January 3, 2011

Europe starts confiscating private pension funds

from Beltway Confidential


Europe starts confiscating private pension funds: "The U.S. isn't the only place that's facing a major pension fund crisis. The Christian Science Monitor has this alarming report:


People’s retirement savings are a convenient source of revenue for governments that don’t want to reduce spending or make privatizations. As most pension schemes in Europe are organised by the state,...



"

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